Cost of solar in Wildomar, CA

Electricity Consumption in Wildomar

Electricity Consumption by California residents averages 573 kWh per month. It ranks #2 in the nation for savings from installing solar panels on the home.

Find local city information


Solar power in Wildomar, California

Southern California Edison provide net metering to their solar customers in Wildomar. Each kWh of excess solar generation is sent to the grid and credited at the retail power rate. In a billing month if more energy is sent to the grid than drawn by the home credit is still provided at retail value to future bills within the same 12 month billing cycle. Remaining credits at the end of the 12 months are deposited into your account. SCE make new solar customers switch to time of use billing under the new NEM-2 rules. While the new rules do reduce returns from net metering by about 10% the decline in panel price and great solar production in Wildomar more than make up for this.

30% of the system cost can be claimed as a deduction to your federal taxes under the federal solar tax credit. This tax credit can be used in parts over several years or all within the same years. There is also no size limit to the federal tax credit. A solid net metering policy and 30% off the system cost make solar an excellent home investment. Even if you aren't sold yet entering your zip code and getting a free estimate doesn't hurt.

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:

 

Estimate your solar savings

 

Solar power in California

The average cost of installing residential solar panels in Wildomar, California in 2018 is $3.63 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Wildomar, CA is $18,150. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 2.3kW solar system in Wildomar, CA

This system would offset 100% of your energy usage if your typical monthly bill is $71, however your situation may vary so try our solar calculator to get a result tailored to you.

$6,521

Net cost of system
Cash - after 30% solar tax credit

6 Years 8 Months

Average payback time

3,380
kWh

Annual power production


/kWh

levilized cost of solar energy

45¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 2.3kW system

Life-time savings on this system over the next 25 years

$28,484

(Prices shown after repayments of capital)

 


 

Solar companies in Wildomar, CA that provide pricing through the Solar-Estimate marketplace

214

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in California

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $8,337 $9,004
4kw $10,808 $11,673
5kw $13,125 $14,175
6kw $15,246 $16,466
7kw $17,248 $18,628
8kw $19,096 $20,624
9kw $20,727 $22,385
10kw $22,260 $24,041

 

Design your own solar panel system for your home

Going solar in California

Check out all of the ways energy providers of California can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.